TriStar Pictures: Difference between revisions
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===Background=== | ===Background=== | ||
'''TriStar Pictures''' (originally spelled "Tri-Star") was formed in 1982 as a joint venture between [[Columbia Pictures]] (then owned by | '''TriStar Pictures''' (originally spelled "Tri-Star") was formed in 1982 as a joint venture between [[Columbia Pictures]] (then owned by [[The Coca-Cola Company]]), [[HBO IDs|HBO]], and [[CBS National IDs|CBS]], hence the name of the studio. Originally it was known as "Nova Pictures" until the name was changed on May 16, 1983 in order to avoid confusion with [[Public Broadcasting Service|PBS]]'s hit science series ''Nova''. CBS was the first joint-owner who dropped out of the venture on November 15, 1985 and sold its interest to Columbia Pictures for $48 million. In 1986, HBO sold its shares in Tri-Star to Columbia as well and formed [[HBO Films|HBO Pictures]]. | ||
On December 21, 1987, Tri-Star Pictures, Inc. was renamed to "Columbia Pictures Entertainment, Inc." and Coke merged Tri-Star and Columbia to become "Columbia/Tri-Star", of which Coca-Cola owned 80% of its stock. In late 1987, most of Tri-Star's releases were copyrighted under the "Columbia Pictures Entertainment, Inc." name until mid-1988, when it was reverted back to "Tri-Star Pictures, Inc.", as a new entity with that name was incorporated on April 13. In January 1988, CPE's stocks fell a little and Coke decreased its shares in CPE to 49%. On November 8, 1989, Sony Corporation of Japan acquired Columbia Pictures Entertainment for $3.4 billion. On August 7, 1991, under [[Sony Pictures Entertainment]], the hyphen (-) was taken off of the name to refer it to the current CamelCase-style name, "TriStar". | On December 21, 1987, Tri-Star Pictures, Inc. was renamed to "Columbia Pictures Entertainment, Inc." and Coke merged Tri-Star and Columbia to become "Columbia/Tri-Star", of which Coca-Cola owned 80% of its stock. In late 1987, most of Tri-Star's releases were copyrighted under the "Columbia Pictures Entertainment, Inc." name until mid-1988, when it was reverted back to "Tri-Star Pictures, Inc.", as a new entity with that name was incorporated on April 13. In January 1988, CPE's stocks fell a little and Coke decreased its shares in CPE to 49%. On November 8, 1989, Sony Corporation of Japan acquired Columbia Pictures Entertainment for $3.4 billion. On August 7, 1991, under [[Sony Pictures Entertainment]], the hyphen (-) was taken off of the name to refer it to the current CamelCase-style name, "TriStar". | ||